WASHINGTON, D.C. - (Mealey's) The Securities and Exchange
Commission and the City of Harrisburg, Pa., have agreed to a cease-and-desist
order preventing the city from continuing its violation of federal securities
laws in connection with statements it made both publicly and in financial documents...

Recently, the SEC settled with the City of Harrisburg (City)
over violations of Rule 10b-5 in connection with material misstatements and omissions
made by the City in its public statements and financial information, during a
multi-year period.
This settlement underscores the increased focus by...